OPEN-SOURCE SCRIPT
7Hour_Levels
7Hour_Levels
7Hour_Levels is a time-based market structure tool built around four key reference points of the trading day:
Asia 18:00 → London 01:00 → NYAM 08:00 → NYPM 15:00 (New York time)
The trading day begins at 18:00 New York time, and each level is anchored precisely to the Open of the first candle at its corresponding session time.
From each Open, the indicator creates a clean crosshair-style reference:
* a horizontal level extending forward from the session Open;
* a vertical level extending downward from the same point;
* a clear session label positioned at the bottom of the vertical level.
7Hour_Levels is a time-based market structure tool built around four key reference points of the trading day:
Asia 18:00 → London 01:00 → NYAM 08:00 → NYPM 15:00 (New York time)
The trading day begins at 18:00 New York time, and each level is anchored precisely to the Open of the first candle at its corresponding session time.
From each Open, the indicator creates a clean crosshair-style reference:
* a horizontal level extending forward from the session Open;
* a vertical level extending downward from the same point;
* a clear session label positioned at the bottom of the vertical level.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.